David Sacks

But also, I think that with this ratepayer protection pledge, what you're going to see is that it could actually bring down consumer prices.

But also, I think that with this ratepayer protection pledge, what you're going to see is that it could actually bring down consumer prices.

Because what happens is that when these data centers then set up their own power and connect to the grid, they can give back the excess to the grid,

Because what happens is that when these data centers then set up their own power and connect to the grid, they can give back the excess to the grid,

Also, they will make investments in scaling the infrastructure.

Also, they will make investments in scaling the infrastructure.

So although electricity is priced at a metered rate, the costs to generate it are not all variable.

So although electricity is priced at a metered rate, the costs to generate it are not all variable.

There's a lot of huge fixed costs in there.

There's a lot of huge fixed costs in there.

So when you increase scale, then you can actually reduce the metered rate.

So when you increase scale, then you can actually reduce the metered rate.

So again, this is really, I think, the rebuttal to Bernie Sanders, who just wants to stop all progress whatsoever.

So again, this is really, I think, the rebuttal to Bernie Sanders, who just wants to stop all progress whatsoever.

I saw a funny post calling it bananas, which is build absolutely nothing anywhere near anyone.

I saw a funny post calling it bananas, which is build absolutely nothing anywhere near anyone.

So this is the bananas is replacing the new NIMBY.

So this is the bananas is replacing the new NIMBY.

So you just can build absolutely nothing.

So you just can build absolutely nothing.